Age, Biography and Wiki

Hassan Nemazee was born on 27 January, 1950 in Washington, DC, is an American diplomat. Discover Hassan Nemazee's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 74 years old?

Popular As N/A
Occupation Chairman/CEO of Nemazee Capital
Age 74 years old
Zodiac Sign Aquarius
Born 27 January, 1950
Birthday 27 January
Birthplace Washington, DC
Nationality

We recommend you to check the complete list of Famous People born on 27 January. He is a member of famous Chairman with the age 74 years old group.

Hassan Nemazee Height, Weight & Measurements

At 74 years old, Hassan Nemazee height not available right now. We will update Hassan Nemazee's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Hassan Nemazee Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Hassan Nemazee worth at the age of 74 years old? Hassan Nemazee’s income source is mostly from being a successful Chairman. He is from . We have estimated Hassan Nemazee's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Chairman

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Timeline

1950

Hassan Nemazee (born January 27, 1950) is a multimillionaire Iranian-American investment banker and convicted felon.

Nemazee was born in Washington, D.C., on January 27, 1950, and attended Landon School, graduating in 1968.

1970

Nemazee claims to have created Nemazee Holdings in the early 1970s and entered the financial services industry by partnering directly with AIG; at the time, according to information supplied by Nemazee, it was unique for the insurance giant to enter into such a relationship.

Around this same time Nemazee claims to have created a joint venture for the establishment of a bank with Morgan Guaranty Trust Company, predecessor to JP Morgan & Co.

Nemazee Capital evolved out of Nemazee Holdings and originally focused on real estate development.

Nemazee was, prior to his arrest, also known as one of the top political bundlers in the United States.

1972

He received his Bachelor of Arts (BA) degree with Honors from Harvard University in 1972.

Nemazee has not returned to Iran since the Iranian revolution.

Most of his family's property was seized by the new Iranian government.

1987

Nemazee Capital was established in 1987 and was purported, on its website, to have, either directly or through associated entities, invested in the following sectors: health care, media, oil and gas, insurance, investment banking, asset management, newspapers, real estate development, technology, and communications.

1999

President Clinton nominated Nemazee to be Ambassador to Argentina on January 6, 1999, but the nomination was returned without action on August 5, 1999.

2004

During the 2004 United States presidential election, Nemazee was a supporter of John Kerry and a major contributor to his campaign.

He was the New York Finance Chair for the Kerry campaign, and later the national finance chairman of the Democratic Senatorial Campaign Committee.

2006

With Nemazee as the national finance chair, Chuck Schumer's DSCC in 2006 raised $115 million, outpacing the NRSC by substantial sums, and helping the Democratic Party take control of the Senate.

During his presidency, Bill Clinton nominated Nemazee to fill the position of U.S. Ambassador to Argentina.

Due to Congressional concerns about Nemazee's convoluted and controversial business dealings, the nomination was subsequently withdrawn

2007

More recently, Nemazee served as Finance Chairman to Hillary Clinton's 2007-08 presidential campaign, and also donated $50,000 (the maximum amount) to Barack Obama's Presidential Inaugural Committee.

2009

On August 25, 2009, Nemazee was arrested for fraudulently applying for a loan of over $74 million from Citigroup.

The maximum penalty for the offense is 30 years in prison.

He was subsequently accused of fraudulently obtaining $292 million of loans from three banks and of using the proceeds to both support his lifestyle and make political contributions

In addition, Nemazee was a bundler for the 2009 Presidential Inaugural Committee.

Hassan Nemazee was arrested on August 25, 2009, for allegedly defrauding Citi bank by using false documents to secure a loan.

Nemazee's additional frauds exceed $100 million, according to federal prosecutors

2010

In July 2010 he was convicted of multiple counts of bank fraud and wire fraud and was sentenced to 12 1⁄2 years in prison by U.S. District Court Judge Sidney H. Stein in the United States District Court for the Southern District of New York in Manhattan.

The sentence was lighter than the 15 1⁄2 to 19 1⁄2 years that prosecutors had wanted.

2012

Nemazee is the brother of Susie Nemazee, the wife of the British Ambassador to the United States from 2012-2016, Sir Peter Westmacott.

Nemazee is the Chairman of Nemazee Capital.

Based upon the allegations of fraud contained in Mr. Nemazee's indictment, it is difficult to determine what legitimate business, if any, was ever conducted by Nemazee Capital.

2019

Hassan Nemazee was released from prison in February 2019 under the First Step Act.